{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:00.151Z", "seo": { "title": "Malaysia exports to Latvia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Malaysia to Latvia, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "MYS", "country_name": "Malaysia" }, "importer": { "iso3": "LVA", "country_name": "Latvia" }, "latestYear": 2024, "risk": { "exporter_iso3": "MYS", "importer_iso3": "LVA", "all_history_lane_count": 56, "current_lane_count": 29, "current_product_count": 29, "first_observed_last_year": 2002, "latest_data_year": 2024, "current_trade_usd": 17466088.622866794, "attention_trade_usd": 11043898.829829302, "critical_trade_usd": 0, "high_volatility_trade_usd": 15221216.495917397, "unrecovered_drawdown_trade_usd": 3641918.501223654, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 11600178.014591714, "access_friction_trade_usd": 17466088.622866794, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 2, "high_volatility_lane_count": 15, "unrecovered_drawdown_lane_count": 14, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 6, "access_friction_lane_count": 29, "trade_weighted_volatility_cv": 1.6770116237016786, "trade_weighted_below_peak_pct": 44.02198424547171, "product_concentration_hhi": 3415.878562080524, "top1_product_share_pct": 57.095133468175504, "top3_product_share_pct": 68.86387844407156, "top_product_hs6": "151620", "top_product_trade_usd": 9972286.610895613, "top_product_description": "Vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared", "top_attention_product_hs6": "151620", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 8974.431640625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.10530000180006027, "has_reported_fta": 0, "avg_applied_tariff_pct": 3.3931978620689653, "avg_mfn_tariff_pct": 4.653989653793103, "avg_preferential_tariff_pct": 1.995745083103448, "tariff_advantage_pp": 2.658244570689656, "buyer_biz_entry_days": 5.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 38872.546229, "buyer_gdp_pc_latest": 20642, "buyer_population_latest": 1883.162, "buyer_gdp_5y_cagr_pct": 5.70625543435308, "buyer_gdp_pc_5y_cagr_pct": 6.2411828687114035, "buyer_population_5y_cagr_pct": -0.5035028977598777, "buyer_investment_5y_avg_pct": 28.971999999999998, "buyer_savings_5y_avg_pct": 22.518, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 63.230520972912664, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 38872.546229, "buyer_gdp_pc_2024": 20642, "buyer_population_2024": 1883.162 }, "history": [ { "year": 1995, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 138753.08085033827, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 798443.3352141553, "yoy_growth_pct": 475.44187871069437, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 1897129.655134934, "yoy_growth_pct": 137.60354322778502, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 4554659.441075705, "yoy_growth_pct": 140.08161111960234, "cagr_3y_pct": 220.18753811334227 }, { "year": 1999, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 5744495.490308488, "yoy_growth_pct": 26.123491001377076, "cagr_3y_pct": 93.04975920144894 }, { "year": 2000, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 5615710.263372914, "yoy_growth_pct": -2.2418892512466426, "cagr_3y_pct": 43.58284686321452 }, { "year": 2001, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 5165215.304782155, "yoy_growth_pct": -8.022047745750015, "cagr_3y_pct": 4.282357305568785 }, { "year": 2002, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 4747924.635119909, "yoy_growth_pct": -8.078863029696004, "cagr_3y_pct": -6.1536668903587 }, { "year": 2003, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 5910243.211333523, "yoy_growth_pct": 24.480560782621996, "cagr_3y_pct": 1.7185639024529742 }, { "year": 2004, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 7233725.488664158, "yoy_growth_pct": 22.393025633745765, "cagr_3y_pct": 11.881392965070404 }, { "year": 2005, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 7549384.091986701, "yoy_growth_pct": 4.3637072462482385, "cagr_3y_pct": 16.717479823992278 }, { "year": 2006, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 11732738.829077026, "yoy_growth_pct": 55.413192468651175, "cagr_3y_pct": 25.67956924162469 }, { "year": 2007, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 19559325.67137852, "yoy_growth_pct": 66.7072450543688, "cagr_3y_pct": 39.31480927375461 }, { "year": 2008, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 22401468.57474542, "yoy_growth_pct": 14.530883892003787, "cagr_3y_pct": 43.69941150567607 }, { "year": 2009, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 18879674.782481972, "yoy_growth_pct": -15.721263007880593, "cagr_3y_pct": 17.18311413906917 }, { "year": 2010, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 25624947.671733145, "yoy_growth_pct": 35.72769640878539, "cagr_3y_pct": 9.421593834306963 }, { "year": 2011, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 29177331.965138268, "yoy_growth_pct": 13.862991405534665, "cagr_3y_pct": 9.20847989774931 }, { "year": 2012, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 44984651.181735925, "yoy_growth_pct": 54.17671237207227, "cagr_3y_pct": 33.56416377165263 }, { "year": 2013, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 49190999.58140027, "yoy_growth_pct": 9.350630246460923, "cagr_3y_pct": 24.281805405396263 }, { "year": 2014, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 26066069.612383947, "yoy_growth_pct": -47.01049006078776, "cagr_3y_pct": -3.688830155793821 }, { "year": 2015, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 26333569.049100507, "yoy_growth_pct": 1.0262361786583796, "cagr_3y_pct": -16.346948283061614 }, { "year": 2016, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 49512684.08782172, "yoy_growth_pct": 88.02116794537945, "cagr_3y_pct": 0.2175098609719539 }, { "year": 2017, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 63109979.94132932, "yoy_growth_pct": 27.462247510940397, "cagr_3y_pct": 34.278814118718934 }, { "year": 2018, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 30020945.846838072, "yoy_growth_pct": -52.43074728474439, "cagr_3y_pct": 4.465178101945688 }, { "year": 2019, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 16336350.387949815, "yoy_growth_pct": -45.583492034877295, "cagr_3y_pct": -30.89976518146642 }, { "year": 2020, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 18636649.880236447, "yoy_growth_pct": 14.080865295246126, "cagr_3y_pct": -33.40781453612601 }, { "year": 2021, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 30620372.923084836, "yoy_growth_pct": 64.30191649174421, "cagr_3y_pct": 0.6611841111995531 }, { "year": 2022, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 37027319.11988882, "yoy_growth_pct": 20.92380198274384, "cagr_3y_pct": 31.35776276664948 }, { "year": 2023, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 30504857.917917814, "yoy_growth_pct": -17.61526720541735, "cagr_3y_pct": 17.85112158756008 }, { "year": 2024, "exporter_iso3": "MYS", "importer_iso3": "LVA", "export_value_usd": 30209314.83983866, "yoy_growth_pct": -0.968839385760778, "cagr_3y_pct": -0.4494951993100127 } ], "riskLanes": [ { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "151620", "hs_description": "Vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared", "buyer_imports_latest_usd": 16423508.328176085, "current_below_peak_pct": 34.11098770193193, "lane_volatility_cv": 1.842413474674071, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "151190", "hs_description": "Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified", "buyer_imports_latest_usd": 59113840.85656591, "current_below_peak_pct": 94.48309181182289, "lane_volatility_cv": 2.628777678203555, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "852351", "hs_description": "Semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of Chapter 37", "buyer_imports_latest_usd": 32247177.121466506, "current_below_peak_pct": 37.09283126822951, "lane_volatility_cv": 1.2088670355875648, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "854239", "hs_description": "Electronic integrated circuits: n.e.c. in heading no. 8542", "buyer_imports_latest_usd": 28830188.63832362, "current_below_peak_pct": 34.78763728479636, "lane_volatility_cv": 1.7531524904783575, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "buyer_imports_latest_usd": 186543985.46913293, "current_below_peak_pct": 49.420616269713555, "lane_volatility_cv": 1.7924122371506281, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "940360", "hs_description": "Furniture: wooden, other than for office, kitchen or bedroom use", "buyer_imports_latest_usd": 37933298.53403106, "current_below_peak_pct": 69.86266222911792, "lane_volatility_cv": 0.6239046544604764, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "847170", "hs_description": "Data processing machines: storage units", "buyer_imports_latest_usd": 59646976.731794976, "current_below_peak_pct": 89.0512391331244, "lane_volatility_cv": 1.2632359003574385, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "230990", "hs_description": "Dog or cat food: (not put up for retail sale), used in animal feeding", "buyer_imports_latest_usd": 80349013.53563146, "current_below_peak_pct": 40.047957786452145, "lane_volatility_cv": 0.9407883229741476, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "401120", "hs_description": "Rubber: new pneumatic tyres, of a kind used on buses or lorries", "buyer_imports_latest_usd": 36873379.21209776, "current_below_peak_pct": 79.93422374999132, "lane_volatility_cv": 0.7829626278151658, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "MYS", "importer_iso3": "LVA", "hs_code": "400122", "hs_description": "Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)", "buyer_imports_latest_usd": 61957477.015484385, "current_below_peak_pct": 84.21301152168328, "lane_volatility_cv": 0.9112885479525422, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "MYS", "importer_iso3": "LVA", "distance_km": 8963, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 38872.546229, "importer_gdp_per_capita_usd": 20642.167922356122, "importer_population": 1883.162, "importer_biz_entry_days": 5.5, "importer_biz_entry_cost_pct": 1.5, "exporter_gdp_million_usd": 372701.35882, "exporter_gdp_per_capita_usd": 11371.098672341353, "avg_applied_tariff_pct": 3.3931978620689653, "avg_mfn_tariff_pct": 4.653989653793103, "avg_preferential_tariff_pct": 1.995745083103448, "tariff_advantage_pp": 2.658244570689656 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/MYS-LVA/risk", "html": "https://www.yugalinks.com/trade/corridor/MYS-LVA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/MYS-LVA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/MYS-LVA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/MYS-LVA/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }